Continued growth of climate transparency from financial institutions show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International Maritime Organization (IMO), aim…
Global shipping finance portfolio moves closer to alignment with net zero climate goals Read More »
Carbon capture, utilization, and sequestration (CCUS) is shaping up to be an important decarbonization lever owing to its ability to tackle emissions in hard-to-abate sectors. The value chain involves transporting the CO2 that is captured from large st…
The Shipping Industry Can Help Carbon Capture Sail Ahead Read More »
A joint study by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) has identified shipping to play a key role in enabling CCUS initiatives, particularly when there is a large geographical mismatch between potential…
Introduction It’s very apparent, global shipping’s drive to decarbonise is well underway. The ship-building profile is changing dramatically, highlighted by the 2023 order book showing 539 new builds capable of running on low-to-zero carbon fuels, bein…
Methanol as a marine fuel Read More »
According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies for shipowners, compliance with the upcoming regulations will be expensive but applying certain strategies can significantly reduce the cost. Effective …